Once it wasn't working for me because I left ECN Broker parameter on false. Can't think of anything else. It works perfectly... there's no doubt.
Ignored
I use FXDD which I think is not ECN, right? So, if should be false, right? I changed Max Orders from 0 to 10. I am just trying to figure out what I did wrong. I have the same magic number on the EURUSD and USDJPY. Are there any other pairs that I could add? Please advise. Thanks.
Once it wasn't working for me because I left ECN Broker parameter on false. Can't think of anything else. It works perfectly... there's no doubt.
Ignored
If forgot, thank you for your response. I also have the ea on 4 hr. charts. Is this the best or is the daily the best? I guess we are all trying to find out what the optimal settings and timeframes to use. Maybe someone can put up there paramenters or sets. Please advise. I am really looking forward to getting this thing going. Thanks again.
I've just read that FXDD is an ECN and market maker so whatever is applicable for your account is applicable I guess. The EA works perfectly so either ECN true or false shall work. STP brokers require ECN true...
Opto 1.3 works with or without the FFCAL indicator. If you'd like to use the indicator you just need to drop it into the indicator folder and you don't even need to attach it to your chart: it reads the indicator regardless.
The other day I had a sell with USD/JPY (18 EXTDEPTH 30 min chart) that went into profit only 20pips because it had come to the end of the downward trend.
Does anyone know of an indicator that best recognises the nearing of the end of an upward or downward trend without too much lag? This is a really important question I believe. Support, resistance, currency strength, oversold, overbought? I tried looking at a few but most of them don't seem to make sense or they tell you way after the fact which is useless (lagging).
Optojay I don't know about the back-testing because I never backtest... just forward testing for me (a bit lazy I guess).
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Joined Jun 2006
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Status: Misterpipster
|104 Posts
Hi Tomislav,
I still haven't been able to get into any trades with my ea yet. Have you gotten into any today? If you are, then something is wrong with my settings. Please advise. Thanks.
I've just come back from a working trip and have come back after 5 days to find this. Bloody excellent! Heaps to learn I think.
I might have a question or two in the near future but I'd just like to say who is this guy XUX99? What an absolute legend. Oh and I've had only AUD/USD and AUD/JPY left to trade without my presence (now this takes courage). AUD/JPY 4 successful trades. I had left it to open a max of 2 trades per hit. AUD/USD has gone a bit squiggly and has not made any trades this week. I've posted the settings in a previous page (14). I trust these two currencies not because I'm Australian but because they respect the zig zag a lot more.
I've loaded the EA onto a 30 min chart but I can't seem to get the zig zag indicator lines to show up. XUX99 would it be possible to supply a simple set file that enables the display of the indicator lines so I can start to understand how the new parameters work? Or even to let me know which parameters are currently inhibiting the display of the vertical indicator lines?
Thanks again XUX99 and Ronald!
Instead of the vertical lines indicating points 1,2 and 3, the new version now draws a line connecting points 1 and 2, a line connecting points 2 and 3 and a breakout horizontal line. They should appear with default settings.
I've loaded the EA onto a 30 min chart but I can't seem to get the zig zag indicator lines to show up. XUX99 would it be possible to supply a simple set file that enables the display of the indicator lines so I can start to understand how the new parameters work? Or even to let me know which parameters are currently inhibiting the display of the vertical indicator lines?
Thanks again XUX99 and Ronald!
Xux, got the backtester to work now. The logic isn't quite right - it's missing some easily identifiable 123 setups and entering incorrectly elsewhere. Even the original version of Opto123 EA missed some occassionally, but was catching some that v1.4 missed.
This makes me want to re-think if there is a better way than the ZigZag indicator to have the EA "read the charts for the setup"...
From my backtests I didn't see any zigzag based 123 setups that the EA didn't catch. Fractals could be an alternative way to identify 123 formations.
Ignored
I'll post some screenshots later when I get home from work.
I have looked at Fractals as well, but they seem to repaint badly. So, I stuck to the ZigZag. However, it still misses some valid entries.
I wonder if there is a better way to "hardcode" the raw price action of the 123setup and Ross Hooks so that all of them get traded. It's funny how easy it is to spot with the human eye, but so hard to get a computer to recognize it!
Hello Optojay,
please could you attach (or send me) original version of this EA from Ronald Raygun without matrixebiz´s modifications (probably version 1.0)?
Thank you very much.
Hi XUX99 I'm very interested in the Min/Max12distance and Min/max23distance parameters. I've never done this before so what tool or method would you or anyone use to measure appropriate lengths? Is it a guessing game or do you just visually estimate. I'm guessing using method one (atr) would be useful. Can I leave buffer type on 0 while using method 1 on min/max12 distance types? I hope I'm making sense.
When I place my pointer on the zig zag lines it gives price value for each point. I suppose this is one way to work out the lengths. How would you work out the appropriate lengths in an ATR value? I'm out of my depth here I suspect. Can you point me in the right direction so I can find out more about all of this?
Also I placed Opto 1.4 with USD/CAD on live account with money management off and lots set to 0.0. It shouldn't make a trade. It then placed one 0.01 trade and then drew another line from point 3 to the entry point. Because I had placed trend line exit to true it then drew another blue trend line from point 2 to entry point (or there abouts). The trade because it was in draw-down closed for a small loss as soon as it hit the suspect trend line and then it opened another trade which I then closed for a small loss. If the suspect trend line didn't interfere the trade would have won around 30 pips. Is the appearance of the second blue trend line supposed to happen or was it a bug? This was with real money and an accidental discovery. The previous Opto's would not place a trade with MM turned off and lots set to 0.0. Please look into this XUX99.
Tom
Hi XUX99 I'm very interested in the Min/Max12distance and Min/max23distance parameters. I've never done this before so what tool or method would you or anyone use to measure appropriate lengths? Is it a guessing game or do you just visually estimate. I'm guessing using method one (atr) would be useful.
The best values and types for Min/Max12distance and Min/max23distance can only be found by optimization for each pair and timeframe.
Can I leave buffer type on 0 while using method 1 on min/max12 distance types? I hope I'm making sense.
Yes, each type can be differrent.
When I place my pointer on the zig zag lines it gives price value for each point. I suppose this is one way to work out the lengths. How would you work out the appropriate lengths in an ATR value? I'm out of my depth here I suspect. Can you point me in the right direction so I can find out more about all of this?
You can attach ATR indicator on the chart to show you ATR values.
Also I placed Opto 1.4 with USD/CAD on live account with money management off and lots set to 0.0. It shouldn't make a trade.
The EA automatically corrects invalid lot values.
It then placed one 0.01 trade and then drew another line from point 3 to the entry point. Because I had placed trend line exit to true it then drew another blue trend line from point 2 to entry point (or there abouts). The trade because it was in draw-down closed for a small loss as soon as it hit the suspect trend line and then it opened another trade which I then closed for a small loss. If the suspect trend line didn't interfere the trade would have won around 30 pips. Is the appearance of the second blue trend line supposed to happen or was it a bug?
For each open trade, a seperate trendline is drawn. Can you post a screenshot of this case?
